Dr. Alex Otti, a well-respected banker and entrepreneur who is also the Labour Party’s candidate for governor, has embarked on a mission to rescue the state from decades of misrule and set it on the path toward progress and shared prosperity. Otti is the candidate for the governorship of the Labour Party.
His New Deal for Abia state, which is a plethora of bold economic policies and initiatives, mirrors the New Deal that Roosevelt implemented, which is credited with rescuing millions of Americans from the poverty that was unleashed by the Great Depression. His New Deal for Abia state was named after Franklin D. Roosevelt’s New Deal for the United States of America.
Otti, who made his first run for governor of Abia state in 2015, is brimming with ideas, policies, and a clear plan outlining how he intends to rebuild the state and restore its former glory if he is elected governor in the upcoming election. Otti made his first run for governor of Abia state in 2015.
Dr. Alex Otti had his secondary school education at Ngwa High school, Aba and Secondary Technical School, Okpualangwa in Abia State where he finished as the Best Student in his set during the School Certificate Examinations. He thereafter proceeded to the University of Port Harcourt for his university education where he graduated with a First Class Honors degree in Economics in 1988. While at the University of Port Harcourt, Alex Otti distinguished himself by graduating not only as the Best Student of the Faculty of Social Sciences but also as the Overall Best Graduating Student for that year. At the University, Alex Otti not only excelled academically but also proved his mettle by taking on various roles such as the position of the News Editor for the school newsletter, Uniport Mirror. In addition, he was the treasurer for the University Chapter of the Nigerian Economic Students’ Association (NESA) in 1986 and subsequently became the President of the association the following year.
Alex Otti began his banking career in 1989 with the Nigerian International Bank, a subsidiary of Citibank New York where he worked in the Operations Department. Thereafter he moved to the then Nigerian Intercontinental Merchant Bank Ltd. While at Intercontinental Bank, he worked both in the Treasury and Financial Services unit as well as the Corporate Banking Division. In 1992, he joined Societe Bancaire Nigeria Ltd (Merchant Bankers), a subsidiary of Banque SBA Paris where he rose to the position of a Senior Manager. He moved on to the United Bank for Africa (UBA) as Principal Manager overseeing the Bank’s corporate banking sector for the entire South Division with the responsibility of growing the Oil and Gas business for the bank.
Due to his outstanding performance he was promoted to the position of Assistant General Manager in 2000. In May 2001, he joined First Bank of Nigeria, PLC as Assistant General Manager in May 2001 with the sole responsibility of growing the Energy Sector for the bank. In April 2004, he was promoted to the position of Deputy General Manager and a year later was appointed Executive Director, Commercial banking. This was followed by a re-designation as the Executive Director South Directorate, where he was responsible for over 140 branches in both the South-South and South Eastern geo-political zones of the country.
In March 2011, he moved from First Bank Nigeria PLC to Diamond Bank as Group Managing Director/ Chief Executive Officer where he led the bank through a major transformation. An alumnus of the prestigious Harvard Business School, Alex has attended various international courses including the Executive Development Programmes of the Columbia Business and Stanford Business School and Wharton Business School (University of Pennsylvania).
Highly respected for his wealth of knowledge, Alex is on the board of several companies and is also on the board of two of Nigeria’s leading universities. In 2009 he was conferred with an honourary Doctorate Degree by Babcock University and in 2012, an honourary Doctor of Science (D.Sc.) Degree by the University of Port Harcourt.
He resigned his post at Diamond bank to contest for the governorship position of Abia State under the platform of APG
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